Position Trade
Date: 06/15/2009
Symbol: ALSK
Company Profile: Alaska Communications Systems Group, Inc., through its subsidiaries, provides integrated communications services in the State of Alaska. It operates in two segments, Wireline and Wireless.
Sector: Technoligy
Industry: Telecom Services - Domestic
Trading Strategy: Maybe ALSK is not classic setup for me, but I like triangle pattern. Also I like monthly CCI divergence what can help. On the weekly chart we can see triangle pattern, but not ideal book reversal pattern and I will support trading idea based on monthly bounce. That is maybe best explanation; I will look for bounce. Usual in this column I will post position setups and for ALSK I will say that is swing setup with odds for position trade. We will see action after setup and then we will make some new decisions.
If anyone will have any questions feel free to contact me in the room or over email.
Open – closed trades
Wish you good trading!!!!
Ivica Juracic
http://www.ivicatradingcharts.com/
Date: 06/15/2009
Symbol: ALSK
Company Profile: Alaska Communications Systems Group, Inc., through its subsidiaries, provides integrated communications services in the State of Alaska. It operates in two segments, Wireline and Wireless.
Sector: Technoligy
Industry: Telecom Services - Domestic
Trading Strategy: Maybe ALSK is not classic setup for me, but I like triangle pattern. Also I like monthly CCI divergence what can help. On the weekly chart we can see triangle pattern, but not ideal book reversal pattern and I will support trading idea based on monthly bounce. That is maybe best explanation; I will look for bounce. Usual in this column I will post position setups and for ALSK I will say that is swing setup with odds for position trade. We will see action after setup and then we will make some new decisions.
If anyone will have any questions feel free to contact me in the room or over email.
Open – closed trades
Wish you good trading!!!!
Ivica Juracic
http://www.ivicatradingcharts.com/
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